WASHINGTON - President-elect Barack Obama intends to name Timothy Geithner, president of the New York Federal Reserve, as his Treasury secretary to confront the nation's intense economic turmoil, senior Democratic officials said Friday. Word of Geithner's likely selection emerged as New York Sen ...
Read more...
LIMA, Peru – President George W. Bush , attending his final global summit at a time of severe financial crisis, urged other countries on Saturday not to repeat mistakes that turned a similar calamity seven decades ago into the Great Depression . He said that nations should spurn calls to erect ...
Read more...
KIMBALL, Neb. — Nebraska officials say a 14-year-old California boy has become the last child reported abandoned under the state's safe-haven law before it was changed to limit such drop-offs to infants no more than 30 days old. Nebraska officials say the boy from California's Yolo County was ...
Read more...
WASHINGTON (AP) - President-elect Barack Obama promoted an economic plan Saturday he said would create 2.5 million jobs by rebuilding roads and bridges and modernizing schools while developing alternative energy sources and more efficient cars. "These aren't just steps to pull ourselves out of this ...
Read more...
Officials say a freight train has derailed along a rural highway in the Texas Panhandle but there are no reports of injuries or spills of any hazardous materials. Operator Carolyn Wakefield of the Texas Department of Public Safety says the derailment happened early Saturday about 65 miles east of ...
Read more...
The board of directors of embattled U.S. automaker General Motors Corp is considering "all options" including bankruptcy, according to a report on the Wall Street Journal's website late on Friday. The paper, citing people familiar with the board's thinking, said the stance puts it in conflict with ...
Read more...
CAPE CANAVERAL, Fla. (AP) — Astronauts on the international space station are looking at their longest and hardest spacewalk of their mission today. Today's spacewalk will be a seven-hour-plus excursion to wrap up repair work on a gummed-up joint. Astronauts will finish cleaning and lubricating a ...
Read more...